Drinkware Market Size - By Product, By Material, By Distribution Channel, By Application and Forecast, 2025 - 2034

Report ID: GMI4383
   |
Published Date: January 2025
 | 
Report Format: PDF

Download Free PDF

Drinkware Market Size

The global drinkware market was valued at USD 35.1 billion in 2024 and is estimated to grow at a CAGR of 5.7% from 2025 to 2034. A significant growth driver for the market is the rising consumer preference for high-performance, functional designs that enhance the beverage experience.
 

Features like temperature retention, odor and taste protection, and convenience enhancements such as leak-proof lids and ergonomic designs are increasingly valued. This shift towards premium, purpose-built drinkware supports higher demand across both outdoor and everyday use segments, further stimulating market expansion. For instance, in October 2024, RTIC Outdoors unveiled a revamped drinkware line featuring ceramic lining to eliminate metallic tastes and odors. The collection, designed for enhanced performance and convenience, spans four product lines.
 

Drinkware Market Trends

The latest trend in the drinkware industry focuses on collaborations between athletes and lifestyle brands, blending cultural heritage with functional design. This movement emphasizes authenticity, incorporating traditional elements into modern drinkware. Consumers are increasingly drawn to products that reflect personal identity and cultural significance, driving demand for premium, collectible, and multifunctional hydration solutions that merge performance with lifestyle aesthetics. For instance, in December 2024, Lionel Messi partnered with Stanley to launch the 1913 collection, blending sports excellence with lifestyle drinkware. The collection, inspired by Messi’s Argentine heritage and love for maté, features a six-piece capsule, including the GOAT pink Classic Maté Mug and Bombilla Straw, celebrating cultural authenticity and craftsmanship.
 

Drinkware Market Analysis

The drinkware industry faces significant competition, with numerous established and emerging brands vying for market share. The presence of both premium and budget-friendly options creates intense price pressure, as companies aim to differentiate themselves based on price and product features. As consumers increasingly demand high-quality, functional, and aesthetically pleasing drinkware, brands must balance the need for innovation and quality with the ability to offer competitive pricing. This can lead to margin compression, particularly for brands that are not able to leverage economies of scale or differentiate their products effectively. Additionally, the growth of private-label products and the entry of non-specialized retailers further intensifies the competition, forcing brands to adopt aggressive pricing strategies or risk losing market share.
 

Drinkware Market Size, By Product, 2021-2034 (USD Billion)

Based on product, the market is divided into glasses, cups and mugs, bottles, tumblers, thermoses and flasks, and others. The glasses segment is expected to reach a value of over USD 15 billion by 2034.
 

  • The glasses segment in the drinkware market is expected to reach a significant value due to the rising consumer preference for convenience, style, and functionality. Glasses are a staple in both households and commercial settings such as restaurants, bars, and cafes, where they are used for serving various beverages, including water, wine, cocktails, and soft drinks. The continuous demand for glass drinkware, especially in premium, aesthetically designed options, has made it a central category in the market. Moreover, consumer trends toward eco-friendly and reusable products have led to a surge in demand for durable, high-quality glassware, further propelling the segment’s growth.
     
  • Additionally, the glasses segment benefits from the expansion of the hospitality and tourism industries, where the need for stylish and functional drinkware is high. The increasing trend of hosting gatherings, both formal and informal, has also contributed to this growth. As consumers become more discerning about the quality and design of their drinkware, premium glass products that offer both functionality and visual appeal are in high demand. Furthermore, the rise of home decor trends that emphasize elegant and sophisticated table settings boosts the popularity of decorative glassware, ensuring the segment’s continued expansion in the market.
     
Drinkware Market Share, By Material, 2024

Based on material, the market is divided into glass, ceramic, plastic, silicone, metal, and others. The metal segment is the fastest growing segment with a CAGR of over 8% between 2025 and 2034.
 

  • The metal segment is experiencing rapid growth due to its durability, practicality, and rising demand for sustainable alternatives. Metals such as stainless steel and aluminum are favored for their resistance to breaking, which makes them ideal for everyday use, travel, and outdoor activities. With the growing trend toward reusable and eco-friendly products, metal drinkware has become increasingly popular, as it offers a more sustainable option compared to disposable plastic. Consumers are prioritizing long-lasting products that can withstand the rigors of daily use and reduce their environmental impact, which positions metal drinkware as a preferred choice.
     
  • Moreover, metal drinkware is often associated with advanced insulation properties, particularly in stainless steel tumblers and bottles, which can maintain the temperature of beverages for extended periods. This feature has made metal drinkware increasingly popular among consumers who prioritize functionality alongside design. The convenience of travel mugs, thermoses, and water bottles that keep beverages hot or cold for hours aligns with the active and on-the-go lifestyle. As brands innovate with sleek designs, personalized options, and improved functionality, the metal segment is seeing increased demand across various consumer groups, further fueling its rapid growth.
     
U.S. Drinkware Market Size, 2021-2034 (USD Billion)

North America market held the share of over 30% in 2024.  The drinkware market in the U.S. is experiencing growth driven by rising consumer interest in health and wellness, with a focus on hydration and the demand for functional, reusable products. Increasing awareness of environmental sustainability has also fueled the shift towards eco-friendly, durable drinkware options, such as stainless steel and BPA-free plastics. Additionally, the growing popularity of outdoor activities, travel, and on-the-go consumption has spurred demand for premium, portable drinkware that offers convenience, performance, and style. As a result, both traditional and innovative brands are expanding their product offerings to meet the evolving preferences of U.S. consumers, further fueling market growth.
 

The drinkware market in China is growing rapidly, driven by the increasing urbanization and rising disposable income, particularly among the younger generation. There is a growing preference for health-conscious lifestyles, leading to a surge in demand for reusable drinkware, such as stainless steel bottles and thermoses. Additionally, environmental concerns are influencing Chinese consumers to move away from single-use plastic bottles, further driving the shift toward sustainable drinkware options. E-commerce platforms have become a major channel for purchasing premium drinkware, making it more accessible to a wider population. The market is also boosted by the growing interest in outdoor activities and fitness culture, contributing to the demand for portable and high-performance drinkware.
 

In India, the market is seeing steady growth, primarily due to the rising middle class and an increasing number of consumers seeking high-quality, durable products. The shift towards healthier and more sustainable living, driven by rising environmental awareness, is encouraging Indian consumers to opt for reusable drinkware, particularly stainless steel and insulated bottles. Additionally, with an expanding urban population and the rapid adoption of e-commerce, premium drinkware brands are finding a growing market. The increasing focus on wellness and fitness is also propelling the demand for portable drinkware solutions that cater to on-the-go hydration, especially in metro cities.
 

South Korea’s market is expanding due to the country’s strong culture of health and wellness, with consumers prioritizing products that promote convenience and sustainable living. The trend of staying hydrated through the day, particularly in office environments and among young professionals, has increased the demand for stylish, functional drinkware. Additionally, South Korea’s thriving outdoor culture and active lifestyle, coupled with a preference for high-quality, eco-friendly products, is driving growth. The rise of eco-consciousness has led to a shift towards premium, reusable options, and brands that combine aesthetics with functionality are gaining significant traction in the market.
 

Japan’s drinkware market is experiencing growth fueled by the country's strong focus on environmental sustainability, innovation, and high-quality craftsmanship. Japanese consumers are increasingly shifting away from single-use plastics, leading to greater demand for reusable and eco-friendly drinkware options. The growing popularity of outdoor activities, especially among the younger generation, is boosting demand for portable and durable drinkware products. Additionally, Japan’s commitment to wellness and hydration is fueling the market for premium drinkware that offers both functionality and design. E-commerce platforms are also playing a vital role in increasing accessibility to a wide range of drinkware brands, supporting the market’s expansion.
 

Drinkware Market Share

Drinkware Market Share Analysis, 2024

The competition in the drinkware industry is intense, with players primarily competing on factors such as price, product innovation, and differentiation. Price sensitivity is a key factor, especially with the growing demand for affordable yet high-quality products. Companies are focusing on product differentiation by offering unique features like insulation technology, eco-friendly materials, and customizable designs to appeal to consumer preferences. Additionally, distribution channels play a crucial role, with brands leveraging e-commerce platforms, retail partnerships, and direct-to-consumer models to reach a wider audience. Strong branding and marketing efforts also contribute to differentiating products in this crowded market.
 

Drinkware Market Companies

Major players operating in the drinkware industry are:

  • Amcor
  • Anhui Deli Household Glass
  • Bormioli Rocco
  • CamelBak Products
  • Contigo
  • Corkcicle
  • Dopper
  • Hydro Flask
  • Klean Kanteen
  • Mizu
  • Nalgene
  • Nomader
  • Ocean Glass
  • Sigg Switzerland
  • Stanley
  • Steelite International
  • S'well
  • Tervis
  • Thermos
  • Tupperware Brands
  • Vapur
  • Yeti
     

Drinkware Industry News

  • In September 2024, FlasKap expanded its FreePour drinkware line, introducing a tapered cup holder design and stainless steel wells. The new features enhance versatility, allowing users to switch between drinks effortlessly. This innovation targets outdoor enthusiasts and tailgaters, providing a leak-proof, durable solution for hydration and spirits on the go.
     
  • In July 2023, Logomark introduced a sustainable drinkware collection from Pelican Hydration, featuring 58 tumblers, mugs, and water bottles made with 90% recycled stainless steel. The collection boasts vacuum-sealed technology, leak-resistant lids, and eco-friendly materials, offering distributors a blend of performance, style, and branding opportunities.
     

This drinkware market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Units) from 2021 to 2034, for the following segments:

Market, By Product

  • Glasses
  • Cups and mugs
  • Bottles
  • Tumblers
  • Thermoses and flasks
  • Others

Market, By Material

  • Glass
  • Ceramic
  • Plastic
  • Silicone
  • Metal
  • Others

Market, By Distribution Channel 

  • Online/e-commerce
  • Supermarkets and hypermarkets
  • Specialty stores
  • Others

Market, By Application

  • Commercial
  • Residential

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :
Who are the major players in the drinkware industry?
Key players in the market include Amcor, Anhui Deli Household Glass, Bormioli Rocco, CamelBak Products, Contigo, Corkcicle, Dopper, Hydro Flask, Klean Kanteen, Mizu, Nalgene, Nomader, Ocean Glass, and Sigg Switzerland.
What is the market share of the glasses segment in the drinkware industry?
How much is the North America drinkware market worth?
How big is the global drinkware market?
Drinkware Market Scope
  • Drinkware Market Size
  • Drinkware Market Trends
  • Drinkware Market Analysis
  • Drinkware Market Share
Related Reports
    Authors: Suraj Gujar, Sandeep Ugale
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 22

    Tables & Figures: 680

    Countries covered: 19

    Pages: 210

    Download Free PDF

    Top